I have a "Posistion Change" letter from my employer where I am identified as a salaried employee with an identified salary. The hours are identified as M-F 7am to 5 pm which is a 45 hour week and other hours as may be needed to complete the work. Many of us were later converted to hourly and our hourly rate was determined by taking our salary at 45 hours and changing our hourly rate to be 40 hours at regular time and 5 hours at overtime per week. I noticed that vacation hours of 40 were paid at the salary rate before the conversion. Is there a description identifying salary as compensation paid based on a 40 hour week with additional time as required?

Quote:

---

Originally Posted by Worker100

Is there a description identifying salary as compensation paid based on a 40 hour week with additional time as required?

---

Hello Worker:

No. Salary generally is geared to the work. Lots of salaried people put in upwards of 60 hours a week. The conversion your company is contemplating seems fair to me.

excon

No salary is not based on any amount of hours. It is a price or amount of money set that a company thinks you are worth or an amount they can get away paying you.

Often it may be less than a person would make if they were paid by the hour, most salary normally will be working 50 to 60 hours.